JA Solar Expects More Than Double 2022 Profit on Strong Demand For Solar Products | MarketScreener

2023-02-05 16:45:46 By : Mr. Hunter Huang

Full-year net profit likely soared between 135.5% and 174.7% year over year, or reached 4.8 billion yuan to 5.6 billion yuan from 2.04 billion yuan.

Basic earnings per share is pegged at about 2.08 yuan to 2.43 yuan from 0.91 yuan in the year-ago period.

JA Solar said it benefited from the rapid development of the photovoltaic sector in 2022, which drove its shipment volume and revenue from the sale of photovoltaic modules higher.

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